Revenue for the three months ended December 31, 2005 of $1.3 million increased 146% from $518,000 at December 31, 2004. Full year revenue of $3.7 million increased 4% from $3.6 million in 2004. Backlog remains consistent at approximately $28 million.
Net loss and loss per share applicable to common stock for the three and twelve months ended December 31, 2005 was $4.8 million, or $0.05 per share and $16.5 million, or $0.19 per share as compared to a net loss of $3.0 million or $0.04 per share and $12.7 million, or $0.20 per share during the three and twelve month periods ended December 31, 2004.
Balance sheet showed $6.8 million in cash at December 31, 2005 and inventory of $3.8 million.
Posted: Mar 27,2006 by Ron Mertens
